Denmark, which will take over the European Union presidency next year, said the decline of carbon prices in the bloc’s emissions trading system to a four-year low is “not sustainable” and pledged action to deal with it. “It’s clear to everybody and to all member states that the current situation with market prices of 6 euros per allowance is not sustainable,” Danish climate and energy minister Martin Lidegaard told a briefing in Brussels today. “It’s neither economically sustainable nor environmentally sustainable.” Carbon allowances for delivery in December 2012 dropped as much as 3.8 percent to 6.87 euros today on the ICE Futures Europe exchange in London and closed at 7.38 euros. “How to work this issue will depend a lot how we go with energy efficiency directive and how we go with the energy road map and the climate roadmap,” Lidegaard said. “It’s probably too early to say how we’re going to deal with it but somehow we’ll have to deal with it sooner or later.”
No comments:
Post a Comment